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How the Changing Concept of 'Work' May Jeopardize Employers' IP Ownership
It is no secret that the daily lives of U.S. employees have changed drastically since 2020. Hybrid or fully remote work arrangements plus temporary or permanent relocation have blurred lines and shifted norms around how and where work is performed. These changes present numerous administrational and legal challenges to employers. Significantly, they have also necessitated new practices and policies to ensure that employers own and retain all necessary rights in intellectual property that their employees create.
A key step to ensure that employers own their intellectual property is having employees sign agreements which assign to the employer all intellectual property created in the course of employment. Even when assignments are broadly drafted in favor of the employer, various state laws prohibit or restrict assignments for intellectual property created outside of work hours and without use of employer resources — limitations which are sometimes overlooked by employers. Several of these laws require that employee assignment agreements include the relevant excerpts from such state statutes or risk being deemed void.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?